TAX PLANNING

Optimization and modification for more efficient use of financial resources and reduction of costs for mandatory payments is possible using different methods, in different areas of activity and organization of work. They can be:

• optimization of revenues and expenses, including labor costs and related payments;
• optimal distribution of costs and revenues among the participants of the business project with the use of different business entities, study of the possibility and feasibility of their location in different tax jurisdictions or in different tax systems;
• optimization of tax consequences with the use of a wide range of agreements;
• use of tax benefits and exemption from taxation for certain goods or activities.

As a result of its constant reforming, Ukraine’s tax legislation has some conflicting rules that businesses may encounter. In such cases, before starting certain business transactions, it is advisable to obtain tax advice from a lawyer, and sometimes to apply to the fiscal authorities for individual tax advice. In this case, if in the future the auditors have doubts about the tax consequences of certain transactions, the business will be able to further defend their position due to prior consultation.

The above list is not exhaustive, as each project in each company should be thoroughly analyzed before answering what to do. In order to conduct a high-quality analysis and implement its recommendations in the future, one should involve experienced professionals from the beginning. Tax optimization will work when the involved tax lawyer makes a high-quality analysis, the client implements the recommendations and takes action to constantly monitor the activities, taking into account the developed strategy.

Dear visitors and clients, the lawyer Oleksii Fedkov will help you to exercise your right and provide professional legal advice on tax planning.

The prices for the services of tax lawyer